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The mere possibility of Amazon entering the pharmacy sector poses a threat to their businesses. And since Amazon purchased Whole Foods, Wall Street analysts pro
by opportune 9y ago
The mere possibility of Amazon entering the pharmacy sector poses a threat to their businesses. And since Amazon purchased Whole Foods, Wall Street analysts probably think that the likelihood of Amazon entering this sector is now higher than before, because Amazon just acquired a number of physical retail locations in which they could place pharmacies.
Also worth noting that this is businessinsider... not exactly the pinnacle of business journalism. There were probably other market events affecting CVS / Walgreens today other than Amazon's acquisition.
- gehwartzen 9y agoIt seems like Amazon would be much more likely to enter the Pharmacy market by going the ExpressScripts mail-order route by leveraging their logistical expertise vs going B&M
- adwi 9y agoYes. I could see Pillpack being a fit as well.